The governments of Europe and the United States have accumulated debts so large they can't ever hope to repay them, except with currencies whose value will be inflated away by money-printing.

That's led me to recommend inflation hedges like railroads, gold, silver, and various forms of energy. Owning these "real assets" is the single best way to protect yourself from the inflationary crisis. But make sure you don't forget the most important inflation hedge of all: food.

If you've been reading the financial press for the past few months, you know the prices of vital food commodities are soaring. The price of corn is up 47% since this summer. Soybeans are up 30%. Wheat is up 43%.

I expect this trend of higher food prices to continue for years as the U.S government intentionally debases the dollar while lying to you the whole time about wanting a "strong currency." There's also a good supply/demand case to be made for owning agricultural assets. Let's start with the largest crop in the United States, corn...

Most harvested corn in the U.S. is used to feed livestock – 43% of 2009 production. Almost as much (41%) was used for food, consumer, and industrial products (toothpaste, adhesives, cosmetics, starches, sweeteners, oils, beverages, industrial alcohol, fuel ethanol, etc.). The remainder was exported. The U.S. sent most of its corn to Japan, Mexico, and South Korea.

The second-largest corn grower, China, produced 165.9 million metric tons, or half the U.S. production. The European Union was a distant third, harvesting 62.7 million metric tons. Brazil checked in fourth, at 51 million metric tons.

In 2009, a severe drought in China killed millions of bushels of corn. Stockpiles dwindled to alarming levels as the government sold corn to keep the price from rocketing higher. Into 2010, the situation hasn't improved. The Chinese have become net importers of corn for the first time in 16 years. Experts predict China will require 6 million to 8 million metric tons of corn this year.

The Chinese corn crunch reminds the world of the food shortages of 2006-2008. Average global prices for wheat, corn, and soybeans spiked more than 100%. Rice prices surged more than 200%.

This chart of the PowerShares Agriculture Fund (DBA) shows the sharp rise in agricultural commodity prices from 2007 to 2008...

This price rise resulted from changing diets in developing countries and the U.S.'s move to use corn as a fuel source (ethanol). From 2006 to 2008, total global grain consumption increased 3% per year, up from 2% per year from 2000 to 2006. People were eating more meat. You need seven pounds of feed grain to produce one pound of beef.

Increasing affluence leads to a desire for greater luxury in everything, including food. Developing and developed countries are now competing for what they want to eat. And that means prices are going up again.

Notice the right edge of the chart. The price of the DBA basket of agricultural commodities is breaking higher. A large component of this fund is the United State's second largest crop, soybeans.

The U.S. produced $31 billion worth of soybeans in 2009. It's our largest agricultural export. Total exports in 2009 exceeded $16 billion, setting a record.

The U.S. produced almost one-third of the world's soybeans in 2009 (91.4 million metric tons). Brazil and Argentina combined for 50% more of the globe's production. China produced 7%, and India produced 4%.

Soybeans are also used for animal feed. They have twice as much protein content as any other major vegetable or grain. Their protein also makes up many common meat and dairy substitutes, including soymilk and tofu. Soybean oil is used for food and industrial applications.

When it comes to soy consumption, the story has changed in recent years. China has overtaken the U.S. as the leader...

In 2005, China was second, consuming 45 million metric tons of soybeans compared with the U.S.'s 51 million metric tons. Last year, China consumed at least 60 million metric tons. The U.S. consumed less than 50 million metric tons.

Unfortunately for China, its domestic production can't begin to satisfy its growing soybean consumption. In 2009, the Chinese imported more than 45 million metric tons of soybeans. Almost half came from the United States. Chinese producers harvested a little more than 15 million metric tons on their own.

The China National Grain and Oils Information Center is projecting total Chinese imports for 2010 will total 60 million metric tons. That would be a 33% increase over 2009. The U.S. will likely supply half of this. This demand is already driving soybean prices back toward their record 2008 levels of $16 per bushel...

The combination of increasing global demand coupled with the Fed's quantitative easing makes a huge move higher in these commodities (and funds like the DBA) likely. Prices could soar high enough to trigger a global crisis.

When you read about this in the next year or two, don't say you weren't warned... and don't say you aren't prepared.

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His People will Stand Unmoved

In the midst of the time of trouble --trouble such as has not been since there was a nation-- His chosen ones will stand unmoved. Satan with all the hosts of evil cannot destroy the weakest of God's saints. Angels that excel in strength will protect them, and in their behalf Jehovah will reveal Himself as a "God of gods," able to save to the uttermost those who have put their trust in Him. PK 513

"If ye love Me, keep my commandments"

"If ye keep my commandments, ye shall abide in my love; even as I have kept My Father's commandments and abide in His love." John 15:10.

Till Heaven and Earth Pass

Think not that I am come to destroy the law or the prophets; I am not come to destroy, but to fulfill. - Matt. 5:17

For verily I say unto you, Till heaven and earth pass, one jot or one tittle shall in no wise pass from the law, till all be fulfilled. - Matt. 5:18

Whosoever therefore shall break one of these least commandments, and shall teach men so, he shall be called the least in the kingdom of heaven: but whosoever shall do and teach them, the same shall be called great in the kingdom of heaven. - Matt. 5:19

President Lincoln's Prophecy

“I see a very dark cloud on America’s horizon, and that dark cloud is coming from Rome.’’ - Charles Chiniquy (1809-1899), Fifty Years in the Church of Rome, The Wickliffe Press, Protestant Truth Society, Wickliffe Avenue, 104 Hendon Lane, Finchley, London, N3., 1885, p. 510.

Adams on Liberty and Popery

"I have long been decided in opinion that a free government and the Roman Catholick religion can never exist together in any nation or Country." "Liberty and Popery cannot live together." - John Adams, 2nd President of the United States

Jefferson knew the Danger

"I do not like the late Resurrection of the Jesuits. They have a General, now in Russia, in correspondence with jesuits in the U.S. who are more numerous than everybody knows. Shall We not have Swarms of them here? In as many shapes and disguises as ever.... In the shape of printers, Editors, Writers, School masters, etc. If ever any Congregation of men could merit, eternal Perdition on Earth and in Hell... it is this Company of Loyola." - Thomas Jefferson, 2nd President of the United States

The French General's Prophecy

"It is my opinion that if the liberties of this country — the United States — are destroyed, it will be by the subtlety of the Roman Catholic Jesuit priests, for they are the most crafty, dangerous enemies to civil and religious liberty. They have instigated most of the wars in Europe."- General Marquis De Layfayette

Noah Webster on Idolatry

"All worship of images and saints, is an abomination to God; it is idolatry, which is strictly forbidden in the Bible." - American lexicographer and statesman Noah Webster

Luther Identified the Antichrist

"I hope that the last day is at the door. Things could not become worse than the Roman see makes it. It suppresses the commandments of God, it exalts its own commandments above God's. If this is not Antichrist, then some one else must tell what it is." - Luther's Reformatory Works," p. 280. Copenhagen: 1883.

The Number of a Man

Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six. Revelation 13:18

No Fear but the Fear of God

Zealous, ardent, and devoted, knowing no fear but the fear of God, and acknowledging no foundation for religious faith but the Holy Scriptures, Luther was the man for his time; through him God accomplished a great work for the reformation of the church and the enlightenment of the world. When the papal bull reached Luther, he said: "I despise it, and resist it, as impious and false. . . . It is Christ himself who is condemned therein." "I glory in the prospect of suffering for the best of causes. Already I feel greater liberty; for I know now that the pope is antichrist, and that his throne is that of Satan himself."

John Wycliffe's Wisdom

Wycliffe the great reformer wrote: “Christ is truth, the Pope is the principle of falsehood. Christ lived in poverty, the Pope labours for worldly magnificence. Christ refused temporal dominion, the Pope seeks it.”

"Keep Them Separate"

Precious,Truth Filled Books

Martin Luther Stood Alone

To the reproaches of his enemies, who taunted him with the weakness of his cause, Luther answered: "Who knows if God has not chosen and called me to perform this needed work, and if these babblers ought not to fear that by despising me, they despise God himself? They say I am alone; no, for Jehovah is with me. In their sense, Moses was alone at the departure from Egypt; Elijah was alone in the reign of King Ahab; Isaiah was alone in Jerusalem; Ezekiel was alone in Babylon. Hear this, O Rome: God never selected as a prophet either the high priest or any great personage; but rather, he chose low and despised men, once even the shepherd Amos. In every age the saints have been compelled to rebuke kings, princes, recreant priests, and wise men at the peril of their lives." "I do not say that I also am a prophet; but I do say that they ought to fear precisely because I am alone, while on the side of the oppressor are numbers, caste, wealth, and mocking letters. Yes, I am alone; but I stand serene, because side by side with me is the Word of God; and with all their boasted numbers, this, the greatest of powers, is not with them."

A Precious, Truth-filled Book

There are 300 Scripture topics in question and answer form in this paperback book of 654 pages. Typically a question is asked and a Bible verse printed in response. Frequently there is a further explanatory note.

Read it ONLINE or, if you have a United States or Canadian post office address, Project Restore will be happy to send a complimentary copy of this book to you (limit = one copy per person). For your convenience, we have provided a request form that you can fill in and submit online, or print and mail to us. Source:Project Restore